Texas Natural Resources Code 33.238 – Funding
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Terms Used In Texas Natural Resources Code 33.238
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
The acquiring agency may compensate the seller of land acquired pursuant to this subchapter with funds obtained through:
(1) gift, grant, or devise;
(2) legislative appropriation; or
(3) gift or grant from the United States.